04 May Wagga Detailed Saleyard Report – Cattle
Detailed Saleyard Report – Cattle
Market information provided by MLA’s National Livestock Reporting Service
Wagga report date 04/05/2020 comparison date 27/04/2020
Rain across the supply area contributed to a slight drop-in supply. Rain put weaner cattle prices slightly higher. Quality once again was mostly
plain with the bulk of the cattle under 450kg. Trade cattle were in short supply however there were a few excellent pens of steers and heifers.
Feedlot buyers were present and operating over all categories. Heavy steer and bullock numbers traditionally contract this time of year, with
only a few pens offered. Cow numbers declined slightly, and competition strengthened.
Prices were unchanged for domestic processor cattle. Trade steers sold to solid demand for the limited few making from 375c to 390c/kg.
Trade heifers benefited from steady feedlot demand, the bulk selling at 360 to 380c/kg. There were only limited lines of well-bred light weight
weaner steers which resulted in restockers, commission buyers and agents all wanting a market share. Weaner steer, 200-280kg, sold from
400c to 535c/kg. Light weight calves under 200kg made from 480c to 600c/kg. The usual buying group operated in the feeder steer market.
The bulk of the feeder steers were unchanged selling at 375c to 394c/kg. There was solid competition for feeder heifers. Prices were in line
with last week, selling from 360c to 380c/kg.
Grown steers, 500 to 600kg, were in short supply. The C3 steers sold from 350c to 380c/kg. The cow market rose sharply driven by a shortage
of stock at major selling centers. Heavy cows gained 10c to 12c making from 288c to 307c/kg. The D2 and D3 cows sold to spirited bidding
from the commencement of the sale, making from 270c to 295c/kg. Store cows joined recorded a top price of 350c/kg.